Transworld Shipping soars on inking MoA to sell vessel ‘M.V. SSL Sabarimalai’
Transworld Shipping Lines is currently trading at Rs. 160.30, up by 3.15 points or 2.00% from its previous closing of Rs. 157.15 on the BSE.
The scrip opened at Rs. 160.30 and has touched a high and low of Rs. 160.30 and Rs. 160.30 respectively. So far 3 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 285.00 on 05-Sep-2025 and a 52 week low of Rs. 114.10 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 169.20 and Rs. 157.15 respectively. The current market cap of the company is Rs. 351.98 crore.
The promoters holding in the company stood at 70.44%, while non-institutions held 29.56% stake in the company.
Transworld Shipping Lines has signed a Memorandum of Agreement (MoA) with Avana Logistek. The MoA is for the sale of vessel ‘M.V. SSL Sabarimalai’ owned by the company for consideration of $4.1 million.
Transworld Shipping Lines (formerly known as Shreyas Shipping and Logistics) is the Indian-flagged vessel-owning company of the Transworld Group. The company provides uninterrupted service for out-of-gauge and heavy break bulk cargo with its owned fleet of ships.
